39 min listen
WORKSHOP EPISODE: Calculating Your Product Profit Margins in Your Hospitality Business with Scott McNamara.
FromHospitality Leadership - Restaurant and Hotel Leadership.
WORKSHOP EPISODE: Calculating Your Product Profit Margins in Your Hospitality Business with Scott McNamara.
FromHospitality Leadership - Restaurant and Hotel Leadership.
ratings:
Length:
32 minutes
Released:
Apr 27, 2022
Format:
Podcast episode
Description
In our first workshop type episode, I welcome Scott McNamara back onto the mic as he takes us through his template for analysing and forecasting gross profit margins in his business. Knowing your gross profit is really important for many aspects of your planning and forecasting.it is also important when it comes to your menu design and optimisation too - something that we will cover in a future episode.Scott has also agreed to share his template with you too so that you are able to get an idea of what his process is and the figures that he uses to calculate his gross profit margin.You can access a copy of Scott's template here.This is also a video version of this episode available here: https://youtu.be/zJVgogbcLB4Don't forget to join our community over on our website where you will get all the latest information about the amazing things that The Cafe Hustle has in store in the near future.
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Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
Apr 27, 2022
Format:
Podcast episode
Titles in the series (100)
How to Serve Great Coffee and Keep Your Customers Coming Back with Renata Taylor of Grouch & Co by Hospitality Leadership - Restaurant and Hotel Leadership.